Don’t wait to buy real estate, buy real estate and wait…
A quote from one of my wealthy friends…
rent control actually helps old rich investors… I invested in Oakland in 2002…
I would be your choir…
I grew up living in a home that was part of a multi unit building that we owned, so I learned at a very early age about how renters help to pay the mortgage. Now, the whole building is paid off and the only thing my mother complains about is her high income taxes (no deductions, hardly any expenses).
After 17 years of steady income has paid for my initial investment… Steady sheltered fee income now. Playing with houses money…We are as a group always refinancing and expanding the portfolio… Can never sell but good source for cash flow